Yeah I think it's an idea worth playing with, but not something to base a trade off of (maybe a cautious exit). Also, yours travel further on similar volume, mine travels further on half the volume. Additionally your last example's red bar in question goes up quite a bit at the end of the bar, closing in the middle. Just a difference I noticed between my example and yours.
On intraday charts and especially in a tape or mid channel, I pay little attention to where the bar closes, because I consider this just an arbitrary moment in the price swing. On the other hand, on an intrabar basis, the bar's closing's position relative to its ends offers additional information.
LOL... It's indeed a privilege to receive guidance from the Jedi Council. This is today's chart. The Gaussians still offer opportunity for improvement, and I don't know anything about flaws. That means more reading, highlighting, and drawing exercises.
Spyder I am curious as to why you did not annotate the 10:45 bar as a pt3. (see attached clip). Your gaussian shows decr red vol from 10:15, (same as mine) and we both have incr black vol at 10:50. I did not annotate 10:10 as a pt 3 as I was viewing this rally as the traverse to form a pt2 for a long channel and I was anticipating a pt 3 of a wider channel. The sequence was as anticipated and prv on both ym and es at 10:50 suggested pt3 had arrived. Clearly 10:55 decr black was a "caution" and formed an ftp. The 11:00 gave a bo long but reversed intrabar to form a pt3 short. At this point we both agree on r2r. Although there is a"hint" of r2r at 10:30 neither of us have annotated it as such. I did notice that 10:30 was a bo short from a lateral but I am unclear as to whether this would justify concluding that the dominant direction had changed on my resolution. Thanks